However, it's always good to have a clear conversation with your agent first.

., DADU development, AADU development, basement ADU conversion, rent-by-the room house hacks, etc.

. $250k for non existing space conversion is not expensive for your area.  

But, I am not an agent, so I don't know what the rules are.I do know from the Arizona Bar conversation, when I called them, it's illegal in Arizona to fill out legal forms for a fee, in Arizona, unless you are an attorney, real estate agent or other appropriately licensed individual.

Plus, you should have a transparent conversation about your interest in properties with these units.

If you aren't comfortable talking to contractors, find a buddy that will join with you in that conversation - but be part of the discussion yourself.IMHO, $20,000 for the job as described would be great - if the contractor was quoting a price to the Department of Defense :)Note that if the sanitary sewer is on the other side of the street (and your sanitary lead is broken under the street), that's a different conversation.Best of luck!

I was just having this conversation with an apprentice I took on.

In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management.

Furthermore, I got to personally have conversations and ask questions to experienced investors like Sterling White, Brian Burke, Matt Faircloth, Brandon Turner, Brian Murray, and more.

I recently had a conversation with a representative from the Lending Deck company.